rent-to-own

FCA proposes price cap on rent-to-own retailers

A peak City regulator has announced plans to impose a new price cap to on rent-to-own retailers.

AO World attributes millions in losses to “tougher than expected market”

AO World failed to make a profit in its first half despite a double-digit sales rise amid a “tougher than expected market”.

AO World to buy Mobile Phones Direct for £32.5m

AO World is set to acquire the online phone retailer Mobile Phones Direct for £32.5 million as it looks to expand its offering.

WHSmith acquires InMotion for £155m

WHSmith has agreed to buy pure play travel retailer InMotion for £155 million. In a statement announcing the purchase, WHSmith said it expected the deal...
Maplin

Maplin creditors left with £285m black hole from collapse

Maplin’s creditors will receive just a fraction of the funds they are owed following the electronics retailer's collapse earlier this year. According to The Times,...
Dixons Carphone update

Dixons Carphone to face grilling from shareholders over databreach

Dixons Carphone is due to face a grilling from shareholders next week at its annual general meeting.
Amazon Prime

Amazon reveals record $2.5bn profit jump

Amazon has posted a record profit of $2.5 billion (£1.9 billion) for its second quarter of 2018. Operating income rose to $3 billion (£2.2 billion)...
AO World update

AO World on track after Q1 but demand weakened in June

AO World has reported an eight per cent jump in UK sales, which reflected a strong start to its year in April and May.
Maplin creditors

Maplin creditors stand to lose £217m after collapse

Maplin’s suppliers, employees and other unsecured creditors, plus the taxman, stand to lose almost £217 million following the retailer's collapse.
Maplin

Maplin still owes £150m to creditors

Maplin is understood to owe its creditors nearly £150 million and doubts have been cast over how much many of them will get back.

Feature Resource

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Amazon’s search results — you have to own them. If only that were an easy feat to accomplish… Join this webinar by Retail Gazette and...